1Mon·

Applovin

The short seller Fuzzy Panda attacks the advertising technology group $APP (-14.72%) and accuses the company of fraudulent advertising practices,

data misuse and violations of Google and Apple app store guidelines.

Fuzzy Panda has built up a short position in the share and is particularly critical of the Axon 2.0 algorithm, which has allegedly contributed to strong growth through ad fraud and the theft of metadata.

Source: Stock3

9 Comments

C_Montgomery_Burns@C_Montgomery_Burns

1Mon

Nah, guys. It's my fault. I bought a small first tranche of $APP last week. It should have been clear to me that the price would move towards the earth's core after I got in. 😭

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SemiGrowth@SemiGrowth

1Mon

@C_Montgomery_Burns You really did buy completely at the peak xD. I lost my entire stake today in the meantime

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C_Montgomery_Burns@C_Montgomery_Burns

1Mon

@SemiGrowth Yep, I'm telling you: I have a knack for it. 🤣

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Tenbagger2024@Tenbagger2024

1Mon

@C_Montgomery_Burns
I am still well in the black. But the question is what happens next

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Carles@Carles

1Mon

Every time a stock is outperforming like $APP a short seller comes and makes claims like this.
They have the perfect environment to get a 20% drop on the price just by publicing… trendy stock and clear overvaluation based on growth and forward earnings.
$APP is one of my biggest positions and i lost already 40% from its peak (still up a lot though).
Bullshit from bullshitters, what they do should be ilegal, it should be considered market manipulation as they own short positions and know they’re going to be heard and affect the stock price.

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SemiGrowth@SemiGrowth

1Mon

how serious is this guy and what could happen now?
Globe Life has completely recovered after his last short report

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